All auctions / Maharashtra / Nagpur

Flat for sale in ARCADO TOWER III, NEAR SHIVGIRI HANUMAN MANDIR, SHAKTI VIHAR, SHAMBHU…

Nagpur, Maharashtra – 440026

Canara Bank · SPECIALISED ARM BRANCH, NAGPUR

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Reserve price
₹42,19,000
EMD
₹4,21,900
Bid increment
₹10,000
Area
388 sq ft
Price per sq ft
₹10,863

This is the 3rd auction of this property. The last auction had a reserve of ₹42,19,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property29 Oct 2026, 10:00 AM – 29 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by29 Oct 2026, 5:00 PM
  3. Auction30 Oct 2026, 12:00 PM – 1:00 PM · in 15 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
30 Oct 2026₹42,19,000—Upcoming
17 Sep 2026₹42,19,000-10.0%Closed
28 Jul 2026₹46,88,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹4,21,900
Rest of 25% when you win (same or next day)
₹6,32,850
Balance 75%, usually within 15 days
₹31,64,250
Stamp duty and registration (about 5–8%, varies by state)
₹2.11 L – ₹3.38 L

You may bid above the reserve in steps of ₹10,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.

Property

Type
Residential · Flat
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
ALL THAT R.C.C. Superstructure bearing, Flat No. 401, covering a Built up area of 36.082 Sq. Mtrs. Super built up area of 69.463 Sq. Mtrs. alongwith open terrace extra, on the 4th Floor of a building constructed thereon and to be known and styled as “ARCADO TOWER-III” TOGETHERWITH the undivided 14.286 PERCENT share and interest in Plot Nos. 26 & 27 total admeasuring about 265.9740 Sq. Mtrs. (As per R/L Letter) being a part and portion of the entire land bearing Kh. Nos. 141, 143, 144, 146, 148/4 situated in the layout of Muni Shambhunath Co-operative housing Society Ltd. Nagpur at Mouza Zingabai Takli P.H. No. 11 bearing City Survey No. 246, Sheet No. 620/41, within the limits of Nagpur Improvement Trust, Nagpur and Nagpur municipal Corporation in Tahsil & Dist. Nagpur and is bounded as under: East Plot No. 41 & 42 West 9 Mtrs. Wide road North Plot No. 25 A South Plot No. 27
Borrower
M/s Shubham Trading Company

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